Midstream Business Magazine - January 2016
Cover Story
Uncorking the Bottleneck
Production out of the Marcellus-Utica is among the greatest in the world, but until now it was limited to where it could go.
Editor's Note
Hang Together
Times were tough. America’s founders had just signed the Declaration of Independence and that assured each of them now had a mortal enemy committed to his destruction. Benjamin Franklin, never at a loss for words, summed up what the group must do in its precarious situation: “We must hang together, gentlemen, else, we shall most assuredly hang separately.”
Feature
Enter The Dragon
Multinational teamwork and innovation created a new market for the Marcellus play’s “ethane problem.”
Midstream M&A And Hart-Scott-Rodino
Understanding antitrust regulations can be critical in executing midstream M&A deals.
MLPs Seek Regulation Clarity
The new year will see continued industry efforts to gain a more favorable tax and policy situation.
On The Outside Looking In
The Burket, a supergiant gas field, lies just above the Marcellus, just next to the Utica and just shy of the threshold necessary to attract investment.
Prism Midstream Levels The Playing Field
Company plays the long game by using its experience in building up undervalued assets in a competitive market.
Prism Midstream Levels The Playing Field
Company plays the long game by using its experience in building up undervalued assets in a competitive market.
Prism Midstream Levels The Playing Field
Company plays the long game by using its experience in building up undervalued assets in a competitive market.
Solving The Ethane Glut
Gas-to-liquids technology offers one answer to the ethane problem—in the field
The Vaquero Way
The Interview: Gary Conway is principal, president and CEO of Vaquero Midstream LLC.
Alerian Index
What Could Kick The MLP Dog?
While this column went to print before the first of the year, I somehow doubt that MLPs have recovered their 30.2% year-to-date loss, as measured on a total return basis by the Alerian MLP Infrastructure Index (AMZI) as of the end of November. Here are three things that could extend the volatility in 2016:
News Flow
News Flow
Uncertainty surrounding Iran’s re-entry into the oil market as the world remains awash in oil pushed OPEC deeper into a “wait-and-watch” mode, unmoved by tough commodity conditions that have left some of its own members in pain.
NGL Frac Spread
NGL Frac Spread
Winter arrived fashionably late with heating demand finally showing up in late November and early December. But it arrived far too late to save the commodity price market.
Transaction Update
Prepared For A High-Pressure Front
Energy Transfer’s Sunoco dropdowns position it well for 2016.